20,001 Shares in Compass Minerals International, Inc. (CMP) Purchased by Griffin Asset Management Inc.

Griffin Asset Management Inc. purchased a new stake in Compass Minerals International, Inc. (NYSE:CMP) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 20,001 shares of the basic materials company’s stock, valued at approximately $1,298,000. Griffin Asset Management Inc. owned about 0.06% of Compass Minerals International as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in CMP. Janney Montgomery Scott LLC raised its position in Compass Minerals International by 0.4% during the second quarter. Janney Montgomery Scott LLC now owns 11,535 shares of the basic materials company’s stock valued at $753,000 after acquiring an additional 46 shares in the last quarter. Blair William & Co. IL raised its position in Compass Minerals International by 0.4% during the second quarter. Blair William & Co. IL now owns 10,759 shares of the basic materials company’s stock valued at $703,000 after acquiring an additional 48 shares in the last quarter. Oppenheimer Asset Management Inc. raised its position in Compass Minerals International by 0.3% during the second quarter. Oppenheimer Asset Management Inc. now owns 21,080 shares of the basic materials company’s stock valued at $1,376,000 after acquiring an additional 73 shares in the last quarter. People s United Financial Inc. raised its position in Compass Minerals International by 1.6% during the second quarter. People s United Financial Inc. now owns 8,399 shares of the basic materials company’s stock valued at $549,000 after acquiring an additional 133 shares in the last quarter. Finally, Oppenheimer & Co. Inc. raised its position in Compass Minerals International by 1.2% during the second quarter. Oppenheimer & Co. Inc. now owns 13,502 shares of the basic materials company’s stock valued at $882,000 after acquiring an additional 163 shares in the last quarter.

Several analysts have commented on CMP shares. Zacks Investment Research raised Compass Minerals International from a “sell” rating to a “hold” rating in a report on Monday, August 14th. J P Morgan Chase & Co raised Compass Minerals International from a “neutral” rating to an “overweight” rating and set a $70.00 price objective on the stock in a report on Monday, September 25th. BidaskClub lowered Compass Minerals International from a “sell” rating to a “strong sell” rating in a report on Thursday, August 17th. Monness Crespi & Hardt raised Compass Minerals International from a “neutral” rating to a “buy” rating and set a $76.00 price objective on the stock in a report on Monday, October 2nd. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $84.00 price objective on shares of Compass Minerals International in a report on Thursday, September 21st. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $73.60.

Shares of Compass Minerals International, Inc. (NYSE:CMP) traded up $0.15 during trading hours on Tuesday, hitting $69.00. The stock had a trading volume of 36,819 shares, compared to its average volume of 391,697. The company has a debt-to-equity ratio of 1.70, a current ratio of 2.52 and a quick ratio of 1.18. The firm has a market capitalization of $2,335.79, a price-to-earnings ratio of 28.30 and a beta of 0.51. Compass Minerals International, Inc. has a 12-month low of $59.72 and a 12-month high of $84.40.

Compass Minerals International (NYSE:CMP) last issued its quarterly earnings results on Monday, October 30th. The basic materials company reported $0.65 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.85 by ($0.20). The firm had revenue of $290.70 million during the quarter, compared to analyst estimates of $323.76 million. Compass Minerals International had a return on equity of 11.52% and a net margin of 10.72%. The business’s revenue was up 61.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.27 earnings per share. analysts forecast that Compass Minerals International, Inc. will post 2.62 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be paid a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a yield of 4.17%. The ex-dividend date is Thursday, November 30th. Compass Minerals International’s dividend payout ratio (DPR) is currently 67.76%.

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Compass Minerals International Profile

Compass Minerals International, Inc (CMI) is a provider of essential minerals that solve nature’s challenges, including salt for winter roadway safety and other consumer, industrial and agricultural uses; specialty plant nutrition minerals for the quality and yield of crops, and specialty chemicals for water treatment and other industrial processes.

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Institutional Ownership by Quarter for Compass Minerals International (NYSE:CMP)

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